Three-Dollar Gold Piece

1860 Three-Dollar Gold Piece. Unc Details--Repaired (PCGS).

The Philadelphia Mint delivered 7,036 three-dollar gold coins for commercial use in 1860, many of which were likely melted after Northern banks suspended gold specie payments in December 1861. Several hundred circulated survivors are known, however, these almost certainly seeing commercial use on the West Coast, where gold remained in circulation throughout the Civil War and Reconstruction eras. Uncirculated examples are far rarer, most surviving as a matter of chance. Perhaps fewer than 150 examples of the date can be called Mint State today.

PCGS# 7980. NGC ID: 25ME.

Estimate: 1500